PT AGUNG PODOMORO LAND TBK RECORDED SALES AND REVENUES OF IDR4.9 TRILLION FOR 2013
December 31, 2013
Jakarta, March 28, 2014. PT Agung Podomoro Land Tbk (“APLN” or “the Company”) – (Ticker IDX: APLN) – today announced its audited financial results for the year ended 31 December 2013.
APLN continue to grow its sales and revenues to reach IDR4,901.2 billion in 2013, an increased of 4.5% compared to last year’s achievement of IDR4,689.4 billion. In line with strategy to increase recurring revenues, its malls and hotels contributed 20.5% of total sales and revenues in 2013, compared to 16.8% last year. The increase in recurring revenues is mainly driven by improved performance of our malls (Central Park, Kuningan City, Emporium Pluit), Pullman Jakarta Central Park Hotel and rentals from AXA Office Tower in Kuningan City.
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